POLANVA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
POLANVA
Largest movements
- Tangible fixed assets -€14,797
down €14,797 (-5.1%), from €287,983 to €273,186
- Debts after one year -€24,219
down €24,219 (-51.0%), from €47,495 to €23,276
- Profit (loss) carried forward +€8,079
up €8,079 (+9.0%), from -€89,472 to -€81,392
- Depreciation -€4,222
down €4,222 (-22.2%), from €19,018 to €14,797
- Financial charges -€1,117
down €1,117 (-25.2%), from €4,426 to €3,309
- Gross operating margin +€521
up €521 (+1.8%), from €28,794 to €29,315
- Other operating charges -€295
down €295 (-8.6%), from €3,424 to €3,129
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €292,564 | €278,764 | -€13,800 | -4.7% |
| Fixed assets | 21/28 | €287,983 | €273,186 | -€14,797 | -5.1% |
| Tangible fixed assets | 22/27 | €287,983 | €273,186 | -€14,797 | -5.1% |
| Land and buildings | 22 | €287,983 | €273,186 | -€14,797 | -5.1% |
| Current assets | 29/58 | €4,581 | €5,578 | +€997 | +21.8% |
| Amounts receivable within one year | 40/41 | - | €1,810 | +€1,810 | |
| Trade receivables | 40 | - | €1,810 | +€1,810 | |
| Cash at bank and in hand | 54/58 | €4,480 | €2,457 | -€2,023 | -45.2% |
| Deferred charges and accrued income | 490/1 | €101 | €1,311 | +€1,210 | +1194.1% |
| Total equity and liabilities | 10/49 | €292,564 | €278,764 | -€13,800 | -4.7% |
| Equity | 10/15 | €210,528 | €218,608 | +€8,079 | +3.8% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,472 | -€81,392 | +€8,079 | +9.0% |
| Amounts payable | 17/49 | €82,036 | €60,156 | -€21,879 | -26.7% |
| Amounts payable after more than one year | 17 | €47,495 | €23,276 | -€24,219 | -51.0% |
| Financial debts | 170/4 | €47,495 | €23,276 | -€24,219 | -51.0% |
| Amounts payable within one year | 42/48 | €31,341 | €32,508 | +€1,167 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €23,051 | €24,219 | +€1,167 | +5.1% |
| Financial debts | 43 | €2 | €2 | = | 0.0% |
| Credit institutions | 430/8 | €2 | €2 | = | 0.0% |
| Trade debts | 44 | €365 | - | -€365 | |
| Suppliers | 440/4 | €365 | - | -€365 | |
| Other amounts payable | 47/48 | €7,923 | €8,287 | +€365 | +4.6% |
| Accrued charges and deferred income | 492/3 | €3,200 | €4,372 | +€1,172 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,018 | €14,797 | -€4,222 | -22.2% |
| Other operating charges | 640/8 | €3,424 | €3,129 | -€295 | -8.6% |
| Gross operating margin | 9900 | €28,794 | €29,315 | +€521 | +1.8% |
| Operating profit (loss) | 9901 | €6,351 | €11,389 | +€5,038 | +79.3% |
| Financial charges | 65/66B | €4,426 | €3,309 | -€1,117 | -25.2% |
| Recurring financial charges | 65 | €4,426 | €3,309 | -€1,117 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €1,924 | €8,079 | +€6,155 | +319.8% |
| Profit (loss) for the period | 9904 | €1,924 | €8,079 | +€6,155 | +319.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,924 | €8,079 | +€6,155 | +319.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.